Market Watch, Stock News

Arun Valley Hydropower IPO Result – Check Online or Download

Published by Octron on August 14, 2009

As commited, finally NMB was able to keep the promise this time by alloting the Arun Valley IPO today, 14th Aug 2009. The allotment function took place at Shangrila, instead of Annapurna Hotel. The allotment procedure just ended and we are fist posting the DOWNLOADABLE result for your convinience. (Courtesy Jamb).

Here is a allotment model of Arun Valley Hydropower;

ID	Start Kitta	End Kitta	Total Applicants	Total Applied Kitta	Kitta To BeAlloted	Total Number Of Holders To Be Alloted	Skip1	Withdrawn Ball Number
1	50	50	26538	1326900	10	7481	3.55	5
2	60	70	20203	1312490	10	6614	3.05	4
3	80	100	13794	1224820	20	3078	4.48	5
4	110	110	12943	1423730	20	2880	4.49	3
5	120	150	12512	1608660	20	2939	4.26	2
6	160	210	11415	2085860	30	2540	4.49	5
7	220	400	10020	2657740	40	2230	4.49	3
8	410	1000	2666	1533140	40	594	4.49	5
9	1010	1500	447	496060	40	100	4.47	5
10	1510	2500	131	241680	60	30	4.37	3
11	2510	5000	59	183580	70	14	4.21	5
12	5010	10100	4	35210	80	1	4	1
13	10110	50000	5	154610	90	1	5	4
			110737	14284480		28502

According to the reports, Arun Valley Hydropower IPO got oversubscribed on the first day itself, on 23rd June 2009. “Yes, the report is true”. According to NMB, there was somewhat 7,000 application forms collected, which amounted Rs 160 million. The company had floated 5,15,000-unit primary shares adding a premium of Rs 84 to the face value of Rs 100, making it Rs 184 per unit share.

Arun Valley Hydropower Development Company has constructed and operating Piluwa Khola Small Hydropower Project at Sankhuwasava District in Koshi Zone. This is a Run of River type project located on the Piluwa Khola, a tributary of Arun River. It has an installed capacity of 3MW and generates 19.55GWh energy per annum. According to power purchase agreement (PPA)with Nepal Electricity Authority (NEA) in 2000, since 18 September 2003, the energy generated from this project has been sold to NEA. More projects like Ridi Khola Small Hydropower Project (2.4 MW), Upper Piluwakhola Small Hydropower Project (4.5 MW), Lower Phemekhola Small Hydropower Project (2.2MW) are under construction and reasearch phases.

The company had floated 5,15,000 ordinary shares each worth of Rs. 100, sold with Rs. 84 premium price, summing up to Rs. 184/share. The issue manager was NMB Bank. After this IPO issue, the shareholder division will be 70% promoters (12,00,000), 30% public share holders (5,15,000) totaling 17,15,000 ordinary shares to make paid up capital of Rs.171.5 Million.

Check Online

Check Arun Valley Hydropower IPO Result (Courtesy: NMB)
Check Arun Valley Hydropower IPO Result (Courtesy: Jamb)

Download Results

Download Arun Valley IPO Result (Courtesy Jamb)
You will need Unzipping tool (like Winzp) & Adobe Acrobat Reader or any PDF file reader to view the results.
Download Arun Valley IPO Result (Courtesy Zshare)
You will need PDF file reader tools like Adobe Acrobat Reader, Foxit Reader, etc software to view this PDF file.

How to check Downloaded Result (PDF file)

After you download the file from above destinations. Please open the file with any PDF reader (Acrobat Reader, Foxit Reader, etc).
Then press ‘Ctrl + F’ button on your keyboard after the file is opened to bring ‘Search Dailog Box’. Alternatively, you can click on the toolbar of Acrobat Reader or Foxit Reader software to bring Search Dailog Box.
If you have been allotted a share, then you will see your name along with alloted share quantity being selected in the open file after the search completes.
If you are not allotted any share, then there will appear a message saying “No Records Found.”

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